The world is a big place, and there are a lot of people on it. A lot of financial advisors, too. According to FA Mag, a magazine dedicated to finance, like those mentioned in my post on the best financial magazines for investors, each year 10,000+ people register as financial advisors.
Extrapolating from that, there may be as many as a quarter of a million financial advisors in the United States alone.
How are you supposed to sort through them? One filter you could use is popularity. If someone has a worldwide following, hopefully it’s because they have something worthwhile to say.
If so, you’d need a list of world famous financial advisors. That’s where I come in.
At this point, Chris Gardner is best known for his book of memoirs, The Pursuit of Happyness, and it’s 2006 movie adaptation by the same name.
His inspirational story is one of a father who struggled with homelessness, while trying to establish himself as a stockbroker. Now, he’s the CEO of Chicago-based Gardner Rich & Co.
With an estimated new worth of 60 million, he’s come a long way since struggling to find a place to live.
For more, check out a copy of his book.
Michelle Singletary is a dying breed: she has a popular newspaper column, “The Color of Money,” which appears in the Washington Post. Her bio is impressive: she’s appeared on all the major networks that you can name, and Oprah, plus she volunteers within her church and with a prison outreach program.
For more, check out a copy of her latest book.
Mellody Hobson is the current chairman of Dreamworks Animation. In 2006, she married George Lucas. She is a business powerhouse.
In 2000, she became president of Ariel, an investment company that manages more than 9 billion dollars, which made it one of the largest African-American owned money-management business in the world.
Beyond that, she’s a regular contributor to ABC’s Good Morning American and, in 2009, hosted a TV movie, Unbroke: What You Need to Know About Money.
I have heard Robert Kiyosaki described as a “financial literacy advocate.” He’s best known for his book, Rich Dad Poor Dad (which my co-author Austin should have a review up of at some point, stay tuned.)
For more, check out his book, Rich Dad Poor Dad, which has sold about 10 million copies worldwide.
I like to think of Dave Ramsey as the debt guy: he’s all about helping people get out of debt, and he’s been doing it for years. Successfully, probably, given that he has New York Times bestsellers.
Oh, and maybe you’ve heard of his syndicated radio program, given that it airs on more than 500 radio stations weekly, to more than 6 million weekly listeners.
And did I mention his four NYT bestsellers? For more, check out his book, The Total Money Makeover (especially if you’re in debt).
Look, I find Suze Orman grating, but that doesn’t mean that she’s wrong. If you can stand listening to her, you can reap some great financial information. And she has a lot of fans, so I probably shouldn’t be saying any of this.
Her show, the aptly-titled Suze Orman Show, has been airing since 2002, an impressive 12 years as of this writing. Each week, people call in and ask her, “Can I afford it?” and she tells them.
She’s also the author of ten books. For more, I recommend The Money Class.
I know. Bernie Madoff, right? You clicked on a list of world famous financial advisors, and no financial advisor is more well known than Bernie Madoff.
I mean, in his case, it’s more infamy than fame, but famous is famous, right? Dude implemented the largest financial Ponzi scheme in all of US history, and successfully got away with it for some 35 years.
The rest, as they say, is history, with Madoff being responsible for the loss of some $65 billion dollars. He was sentenced to 150 years in prison.
For more on Madoff, check out The Wizard of Lies.
Okay, that’s it for this list of world famous financial advisors. Were you inspired? If not, maybe after one of their books, eh? Beyond that, if you’d like to hire a financial advisor, and are interested in not hiring a guy like Madoff, see my post “40 curveball questions to ask a financial advisor.”